Russia Bans Jet Fuel Exports as Attacks on Refineries Intensify

Russia banned exports of jet fuel through end-November to avoid shortages at home after Ukraine intensified attacks on the nation’s refineries.

The decision, which will have little impact on international fuel markets, comes after drone strikes on refineries pushed Russia’s crude-processing rate to the lowest in more than 16 years. In an effort to curb the flow of petrodollars into the Kremlin’s coffers, Ukraine has targeted a wide range of energy assets including sea ports and pipelines.

“The goal of the decision is to ensure a stable situation in the domestic fuel market,” the government said on its website. ...